As written in my analysis,
<<
Conclusion
Our discounted cashflow model factoring in the above thesis led us to the following price target to buy DFI.
Using DCF Free cash flow 10 years Buy DFI at 0.22
Using DCF Free cash flow 10 years with a 10 x FCF exit multiple Buy DFI at 0.29
>>
My target price seem so Low when DFI was trading at 30ct. Now it's 25ct. Maybe I should have stuck to my own conviction and waited!!!
I have revised it to 0.20 factoring in the RM41m fine.
As written in my analysis,
<<
Conclusion
Our discounted cashflow model factoring in the above thesis led us to the following price target to buy DFI.
Using DCF Free cash flow 10 years Buy DFI at 0.22
Using DCF Free cash flow 10 years with a 10 x FCF exit multiple Buy DFI at 0.29
>>
My target price seem so Low when DFI was trading at 30ct. Now it's 25ct. Maybe I should have stuck to my own conviction and waited!!!
I have revised it to 0.20 factoring in the RM41m fine.
I'll add some more at 220/240/250
Guys, I have joined in the fun ..40 lots@25.5 !!